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← COMMUNITY FINANCE CORPORATION

Form 990-PF for tax year 2024

Filed by COMMUNITY FINANCE CORPORATION.

Totals

Total revenue
$127,733,375
Total expenses
$127,299,594
Contributions and grants received
not reported
Contributions, gifts and grants paid
$116,015
Fair market value of assets, end of year
$2,151,348,262

Listed in Part VIII

  • Gary Molenda

    DES REP

    Total calculated
    $0
    Hours/week
    2
  • Michael Hammond

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Kendall Bert

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Michael Arnold

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Kathleen Perkins

    VICE-PRESIDE

    Total calculated
    $0
    Hours/week
    2
  • Kenneth Abrahams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VIII of the Form 990-PF: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants paid on this return

Grants paid, cash basis (Part I, line 25, column (d))
$116,015
As filed, and sometimes filed as 0.
Grants paid, Part XV total (line 3a)
$116,015
The foundation's own total of the grants it itemizes.

These are the grants the foundation paid during the year. The “Contributions, gifts and grants paid” total above is the figure on the foundation's books. This return marks the accrual method, under which a grant is recorded when the foundation commits to it rather than when it pays, so the books total need not agree with the cash figures in this section: a grant promised one year and paid in another is counted in different years.

  • UNIVERSITY OF AZ FOUNDATION ARIZONA ASSURANCE

    $51,015

    TUCSON, AZ

    SEE ATTACHED SCHEDULE K

  • UA-COLLEGE OF ENGINEERING DAVINCI SCHOLARSHIP

    $25,000

    TUCSON, AZ

    SEE ATTACHED SCHEDULE K

  • TUCSON UNIFIED SCHOOL DISTRICT EDUCATION ENRICHMENT FOUNDATION

    $15,000

    TUCSON, AZ

    SEE ATTACHED SCHEDULE K

  • FLOWING WELLS SCHOOL DISTRICT

    $15,000

    TUCSON, AZ

    SEE ATTACHED SCHEDULE K

  • SO AZ RESEARCH SCIENCE AND ENGINEERING FOUNDATION

    $10,000

    TUCSON, AZ

    SEE ATTACHED SCHEDULE K

Provenance

Return type
form_990_pf
Tax year
2024
Filed
13 August 2026
IRS schema version
2024v5.0
Source object
202622339349100802

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